Brief: Alibaba Pictures Says Alibaba Pictures (Zhejiang) To Acquire 31.18% Stake In Tianjin Yinhekuyu For Upto Rmb123 Mln

Damai Entertainment Holdings

18/03/2020 13:36

March 18 (Reuters) - Alibaba Pictures Group Ltd  1060.HK :
    * ALIBABA PICTURES (ZHEJIANG) TO ACQUIRE 31.18% OF INTEREST
IN
TIANJIN YINHEKUYU FOR TOTAL CONSIDERATION OF UPTO RMB123 MILLION
    * ALIBABA PICTURES (ZHEJIANG) AGREED TO ACQUIRE AN AGGREGATE
OF
ABOUT 28.81% STAKE IN TIANJIN YINHEKUYU FOR UP TO  RMB277 MLN

Source text for Eikon:  ID:nHKS68B2dR 
Further company coverage:  1060.HK 

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